Common use of Acceptance and Payment Clause in Contracts

Acceptance and Payment. To accept such Transfer Prepayment Offer, a holder of Notes shall cause a notice of such acceptance to be delivered to the Company at least 5 days prior to the Transfer Prepayment Date, provided, that failure to accept such offer in writing within such time period shall be deemed to constitute a rejection of the Transfer Prepayment Offer. If so accepted by any holder of a Note, such offered prepayment (equal to not less than such holder’s Ratable Portion of the net proceeds in respect of such Debt Prepayment Transfer) shall be due and payable on the Transfer Prepayment Date. Such offered prepayment shall be made at one hundred percent (100%) of the principal amount of such Notes being so prepaid, together with interest on such principal amount then being prepaid accrued to the Transfer Prepayment Date determined as of the date of such prepayment.

Appears in 4 contracts

Samples: Note Purchase Agreement (Cabot Oil & Gas Corp), Master Note Purchase Agreement (Idex Corp /De/), Note Purchase Agreement (Cabot Oil & Gas Corp)

AutoNDA by SimpleDocs

Acceptance and Payment. To accept such Transfer Prepayment Offer, a holder of Notes shall cause a notice of such acceptance to be delivered to the Company at least 5 five days prior to the Transfer Prepayment Date, provided, that failure to accept such offer in writing within such time period shall be deemed to constitute a rejection of the Transfer Prepayment Offer. If so accepted by any holder of a Note, such offered prepayment (equal to not less than such holder’s Ratable Portion of the net proceeds in respect of such Debt Prepayment Transfer) shall be due and payable on the Transfer Prepayment Date. Such offered prepayment shall be made at one hundred percent (100%) % of the principal amount of such Notes being so prepaid, together with interest on such principal amount then being prepaid accrued to the Transfer Prepayment Date determined as of the date of such prepayment.

Appears in 2 contracts

Samples: Guaranty Agreement (Patterson Uti Energy Inc), Guaranty Agreement (Patterson Uti Energy Inc)

Acceptance and Payment. To accept such Transfer Prepayment Offer, a holder of Notes shall cause a notice of such acceptance to be delivered to the Company at least 5 not later than twenty (20) days prior to after the Transfer Prepayment Datedate of such written notice from the Obligors, provided, that failure to accept such offer in writing within twenty (20) days after the date of such time period written notice shall be deemed to constitute a rejection of the Transfer Prepayment Offer. If so accepted by any holder of a Note, such offered prepayment (equal to not less than such holder’s Ratable Portion of the net proceeds Net Proceeds in respect of such Debt Prepayment Transfer) shall be due and payable on the Transfer Prepayment Date. Such offered prepayment shall be made at one hundred percent (100%) of the principal amount of such Notes being so prepaid, together with interest on such principal amount then being prepaid accrued to the Transfer Prepayment Date determined as of the date of such prepaymentDate.

Appears in 2 contracts

Samples: Note Purchase Agreement (Curtiss Wright Corp), Note Purchase Agreement (Curtiss Wright Corp)

Acceptance and Payment. To accept such Transfer Prepayment Offer, a holder of Notes shall cause a notice of such acceptance to be delivered to the Company at least 5 days prior to not later than ten (10) Business Days after the Transfer Prepayment Datedate of such written notice from the Company, provided, that failure to accept such offer in writing within ten (10) Business Days after the date of such time period written notice shall be deemed to constitute a rejection of the Transfer Prepayment Offer. If so accepted by any holder of a Note, such offered prepayment (equal to not less than such holder’s Ratable Portion of the net proceeds Net Proceeds in respect of such Debt Prepayment Transfer) shall be due and payable on the Transfer Prepayment Date. Such offered prepayment shall be made at one hundred percent (100%) of the principal amount of such Notes being so prepaid, together with interest on such principal amount then being prepaid accrued to the Transfer Prepayment Date determined as of the date of such prepaymentDate.

Appears in 1 contract

Samples: Note Purchase Agreement (Brown & Brown Inc)

Acceptance and Payment. To accept such Transfer Prepayment Offer, a holder of Notes shall cause a notice of such acceptance to be delivered to the Company at least 5 days Business Days prior to the Transfer Prepayment Date, provided, provided that failure to accept such offer in writing within such time period shall be deemed to constitute a rejection of the Transfer Prepayment Offer. If so accepted by any holder of a Note, such offered prepayment (equal to not less than such holder’s 's Ratable Portion of the net proceeds in respect of such Debt Prepayment Transfer) shall be due and payable on the Transfer Prepayment Date. Such offered prepayment shall be made at one hundred percent (100%) % of the principal amount of such Notes being so prepaid, together with unpaid interest on such principal amount then being prepaid accrued to the Transfer Prepayment Date determined as of the date of such prepayment.

Appears in 1 contract

Samples: Note Purchase Agreement (Idex Corp /De/)

AutoNDA by SimpleDocs

Acceptance and Payment. To accept such Transfer Prepayment Offer, a holder of Notes shall cause a notice of such acceptance to be delivered to the Company at least 5 DB1/ 131461627.9 not later than 20 days prior to after the Transfer Prepayment Datedate of such written notice from the Obligors, provided, that failure to accept such offer in writing within 20 days after the date of such time period written notice shall be deemed to constitute a rejection of the Transfer Prepayment Offer. If so accepted by any holder of a Note, such offered prepayment (equal to not less than such holder’s Ratable Portion of the net proceeds Net Proceeds in respect of such Debt Prepayment Transfer) shall be due and payable on the Transfer Prepayment Date. Such offered prepayment shall be made at one hundred percent (100%) of the principal amount of such Notes being so prepaid, together with interest on such principal amount then being prepaid accrued to the Transfer Prepayment Date determined as of the date of such prepaymentDate.

Appears in 1 contract

Samples: Note Purchase Agreement (Curtiss Wright Corp)

Acceptance and Payment. To accept such Transfer Prepayment Offer, a holder of Notes shall cause a notice of such acceptance to be delivered to the Company at least 5 not later than twenty (20) days prior to after the Transfer Prepayment Datedate of such written notice from the Obligors, provided, that failure to accept such offer in writing within twenty (20) days after the date of such time period written notice shall be deemed to constitute a rejection an acceptance of the Transfer Prepayment Offer. If so accepted by any holder of a Note, such offered prepayment (equal to not less than such holder’s Ratable Portion of the net proceeds Net Proceeds in respect of such Debt Prepayment Transfer) shall be due and payable on the Transfer Prepayment Date. Such offered prepayment shall be made at one hundred percent (100%) of the principal amount of such Notes being so prepaid, together with interest on such principal amount then being prepaid accrued to the Transfer Prepayment Date determined as of and the date of such prepaymentMake-Whole Amount.

Appears in 1 contract

Samples: Note Purchase Agreement (Curtiss Wright Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.